US PPI lower than expected across the board, Bitcoin touches $25k Quick Take
- Bitcoin touched $25,000, while Gold broke $1,920
- US PPI lower than expected across all measures
- PPI -0.1% M/M, Exp. 0.3%
- PPI 4.6% Y/Y, Exp. 5.4%
- PPI Core 0.0% M/M, Exp. 0.4%
- PPI Core 4.4% Y/Y, Exp. 5.2%
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
